Bank debt Coming soon
Know your cash, including what the bank lets you use
A forgotten instalment or a credit line about to expire always turns up late. KashPlan puts instalments, credit lines and advances beside your balances, so you see what you can really spend and what has to go back.
The bank balance doesn’t tell the whole story
Officina Ferrero has 12,000 euros in the account, but the mortgage instalment leaves on the 30th and an advanced invoice has to go back. With the bank’s plan copied into KashPlan, each instalment enters the forecast up to the last one, and next to the balance you read what’s available with the overdraft. When the bank advances an invoice, you record it in one move and already know when the limit frees up.
How it works
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You copy the bank’s plan
For each mortgage or loan you enter instalment, day, frequency, first and last instalment and the account it leaves from. KashPlan recalculates nothing: it uses the plan’s figures.
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You add the credit lines
The overdraft granted on the account and the limit for advancing invoices, with the amount granted, the percentage and the review or expiry date.
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The forecast keeps track
Instalments stay in the forecast from today to the last one. The repayment of an advanced invoice appears as a separate outflow, so you don’t mistake the advance for extra income.
What you owe the bank belongs in the forecast, not in a drawer.
What you can do
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Instalments as on the plan
Every 1, 2, 3, 6 or 12 months, on the right day and from the right account. The page shows the next instalment and how many are left.
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The remaining debt, with its date
You take it from the plan or statement, with the day it refers to. The instalment includes interest, so KashPlan doesn’t subtract it from the debt as if it were capital.
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Available with the overdraft
On the dashboard, on the account, you read the balance and what you have available counting the overdraft granted.
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Advance an invoice
Choose an issued invoice not yet collected: KashPlan proposes the amount from the line’s percentage and checks it stays within what’s available.
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The limit frees up by itself
The advance stays open while the invoice has a balance. When the customer pays it closes, and the available amount rises again.
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No double counting
The advance credit enters the account as a manual transaction. When the bank file arrives, it matches that line instead of adding up.
Frequently asked questions
Does KashPlan calculate instalment interest?
No. Instalments are copied from the amortisation plan and KashPlan puts them in the forecast as they are.
Does it connect directly to the bank?
No. You enter credit lines and loans from the bank’s documents, and transactions come from the files you upload.
What if the bank hasn’t credited the advance yet?
You can cancel it while the credit is the one written by hand: the line on the account goes too. If the bank has already credited it, it closes when the customer pays.
Who can edit credit lines and loans?
By default Administrator and Manager; View-only can just read them. Advancing an invoice needs the privileges on forecast and transactions.
The other KashPlan features
Want to see it with your numbers?
We show you KashPlan starting from a sample bank statement: how to read balances, debts and receivables and how the forecast is built. Half an hour, no strings attached.
Alex